Heavies weigh on the market in Monday’s trades…<\/p>\n
The market continued to falter in Monday’s trades mainly weighed down by heavy cap counters. The All-Share Index shed 0.27% to 105.82pts while, the Blue- Chip Index was 0.53% lower at 108.37pts. The Agriculture Index trimmed 0.10% to end the day pegged at 95 .09pts while, Mid-Cap Index added 1.09% to close at 106.42pts. <\/p>\n
Pipe manufacturer Proplastics led the laggards of the day as it eased 9.75% to end at $0.3375 as a circa of 462,600 shares exchanged hands in the name. The duo of Econet and Ecocash lost 5.37% and 1.86% to see the former close at $1.7141 and the latter at $0.1963. Seed technology group SeedCo Limited ticked down 1.41% to end at $1.7000 while, retailer OK Zimbabwe capped the top five worst performers of the day on a 0.59% loss to $0.4473. Partially offsetting today’s losses was Unifreight that edged up 11.54% to $0.2900 while, Meikles rose 8.40% to $4.1322 as demand continued to increase in the counter. Property concern First Mutual inched up 8.11% to close at $0.4000 while, insurer Fidelity was 4.65% higher at $0 .9000. Agriculture concern Ariston added 2 .31% to settle at $0.0399.<\/p>\n
Activity aggregates improved in the session as volume traded rose 71.04% to 1.57m shares while, turnover increased by 13.48% to $2.48m. Proplastics, Econet, Star Africa and Delta drove the volume aggregates of the day as they contr ibuted 29.48%, 26.90%, 17.78% and 11.48% respectively. The duo of Delta and Econet anchored the turnover of the day as they claimed a combined 89.45% of the total. In the ETF category, the Old Mutual Top 10 ETF was 1.72% up at $0.1057 as 39,100 shares traded. The Tigere REIT was 0.02% lower at $0.6600 as 380,845 units exchanged hands during the session – efesecurities<\/p>\n","protected":false},"excerpt":{"rendered":"
Heavies weigh on the market in Monday’s trades… The market continued to falter in Monday’s trades mainly weighed down by heavy cap counters. The All-Share Index shed 0.27% to 105.82pts while, the Blue- Chip Index was 0.53% lower at 108.37pts. The Agriculture Index trimmed 0.10% to end the day pegged at 95 .09pts while, Mid-Cap […]<\/p>\n","protected":false},"author":1,"featured_media":2638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-commentary"],"_links":{"self":[{"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3090"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3090\/revisions"}],"predecessor-version":[{"id":3091,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3090\/revisions\/3091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/media\/2638"}],"wp:attachment":[{"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}